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UAE Warns US It Could Sell Oil in Chinese Yuan if War Drains Dollar Supplies, Triggering Biggest Threat to the Petrodollar Since the 1970s (defencesecurityasia.com)

submitted 1 month ago by yogthos@lemmy.ml to c/worldnews@lemmy.ml

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[-] Treczoks@lemmy.world 12 points 1 month ago

That would be the biggest blow for the Dollar, and a big win for China.

[-] Etnaphele@lemmy.world 15 points 1 month ago

Art of the deal

this post was submitted on 22 Apr 2026

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